May 19, 2015 | Green Street
Green Street Development is set to commence construction on its revamped Chouteau’s Grove project in the eastern end of St. Louis’ Grove nightlife district. The $61 million project no longer includes the initial plan for a supermarket, as grocery operators felt the area needed more residents to support such a store. Instead, the project will feature 271 market-rate apartments, approximately 20 more than the original $85 million plan. The redesign aims for a more urban look, replacing the supermarket’s parking lot with a four-story apartment building wrapped around a parking garage. Green Street will request 10 years of tax abatement after dropping the tax-increment financing request following the removal of the grocery component.
